Pitti Engineering Limited has informed the Exchange about Copy of Newspaper Publication - intimation of joint petition hearing
PITTIENG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Pitti Engineering Limited has disclosed newspaper advertisements published on 28th May 2026 regarding a joint petition hearing for a Scheme of Amalgamation. The scheme involves the merger of Pitti Industries Private Limited (formerly Bagadia Chaitra Industries Private Limited) and Dakshin Foundry Private Limited into Pitti Engineering Limited, along with their respective shareholders and creditors. The hearing is under Section 230 to 232 of the Companies Act, 2013. The advertisements were published in Business Standard (English) and Nava Telangana (Telugu). This is a mandatory disclosure under SEBI Listing Regulations.
The announcement indicates that the amalgamation process is progressing through legal stages, with a court hearing scheduled. Shareholders should monitor further filings for the outcome of the petition and any impact on the company's capital structure or operations.